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5 days agoTarget To Eliminate 1800 Corporate Roles Amid CEO Transition - LAmag
On Thursday, Target announced that it would be eliminating 1800 corporate jobs. The cuts include 1000 layoffs of active roles and 800 open roles. Managers are expected to be affected at 3x the rate as employees, but no jobs in stores or the supply chain will be affected. This amounts to 8% of the company's global HQ force, with 80% expected to be from the headquarters in Minneapolis.
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